Campbell Soup Closes Fiscal 2019 With a Win
Investors were hopeful heading into Campbell Soup's (NYSE: CPB) closing of its fiscal 2019 year. The consumer staples giant's last few reports contained signs of an operating rebound following a tough period that included market share losses and major impairment charges.
The latest results continued that encouraging recovery as the chain met management's forecast on the top and bottom lines. Campbell Soup also predicted further profitability gains in the context of flat overall sales.
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Source Fool.com
